128 E Johnson St

Madison, WI 53703

$2,500,000
Price
12
Beds
6,043 Sq. Ft.
$414 / Sq. Ft.
6,043
Sq. Ft.
$414
per Sq. Ft.
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Offer - Show
Offer - Show

Description

Site totals 21,018 sq. ft. (.48 acres) for multi family redevelopment. Dental office building and 2 adjoining apartment buildings for a total of 4 units. Highest and best use is for redevelopment to a 45+ unit apartment provided City of Madison grants all required approvals, but with good cash flow in the meantime. MLS profile identifies 116 E. Johnson as Unit 1, Unit 2 is 128 E. Johnson #1, Unit 3 is 128 E. Johnson #2, and the Dental office as Unit 4.Site totals 21,018 sq. ft. (.48 acres) for multi family redevelopment. Dental office building and 2 adjoining apartment buildings for a total of 4 units. Highest and best use is for redevelopment to a 45+ unit apartment provided City of Madison grants all required approvals, but with good cash flow in the meantime. MLS profile identifies 116 E. Johnson as Unit 1, Unit 2 is 128 E. Johnson #1, Unit 3 is 128 E. Johnson #2, and the Dental office as Unit 4.
  1. Listed by Dave Mays • First Weber Inc • HomeInfo@firstweber.com
  2. Listed by Dan Lee • First Weber, Inc

Property Details for 128 East Johnson Street

Zoning
DR1 / UOR
LISTING UPDATED: 04/08/2026 10:06 AM

Property Details for 128 East Johnson Street

StatusOffer - Show
MLS #2019155
Days on Market15
Taxes$28,259 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 2 story
Year Built999
Lot Size0.48 AC / 20,908 SF
CountyDane County
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Location

Listing Courtesy of First Weber Inc; First Weber, Inc
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Building Information for 128 East Johnson Street

Stories-Residences4Year Built999Building Size-Lot Size0.48 AC / 20,908 SF

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$14,813 per month

30 year fixed, 6.36% Interest

Principal and Interest

$12,458

Property Taxes

$2,355

HOA Dues

$0

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Property Information for 128 East Johnson Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: East Metro Madison
  • Directions: From Capitol, North on Wisconsin Avenue to East on E. Johnson
  • Location: MADISON - C E01
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53703
Parking
  • Park/Unit: Outside, Parking fee
  • Parking Spaces Outside: 16
  • Parking Stalls Inside: 0
School Information
  • Elementary: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $28,259.00
  • Parcel ID: Multiple
  • Tax Year: 2025
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 942100
  • Land Assess: $58,200.00
  • Miscellaneous: Shared laundry
  • Total Assess: $1,529,200.00
  • Total Assess Year: 2025
  • Type: 2 story, SingleFam zoned MultiFam
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 0.48
  • Source of Est. Acres: Appraiser
  • Source of Year Built: Other
Utilities
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl
Interior Features
  • Items Included: 3 Stoves, 3 refrigerators, 1 washer, 1 dryer
  • Items Excluded: Personal property of owner & tenants
  • Number of Dish Washers: 0
  • Number of Dryers: 1
  • Number of Furnaces: 3
  • Number of Stoves: 3
  • Number of Refrigerators: 3
  • Number of Washers: 1
  • Number of Water Heaters: 3
  • Number of Water Softeners: 0
  • Basement: Full, Partial, Other foundation
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 3
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 4
Income & Expenses Information
  • Total Income: $197,160
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: No
  • Unit 1: 116
  • U1 Parking: Street
  • U1 Number of Bedrooms: 5
  • U1 Full Baths: 2
  • U1 Half Baths: 0
  • U1 SqFt: 1853
  • Unit 1 Bedroom 3 Level: U
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Other Room 2 Level: U
  • Unit 1 Other Room 3 Level: U
  • Unit 1 Other Room Level: U
  • Unit 1 Bedroom 2 Level: M
  • Unit 1 Bedroom 2 Dimensions: 9x14
  • Unit 1 Bedroom 3 Dimensions: 14x12
  • Unit 1 Kitchen Dimensions: 14x14
  • Unit 1 Living/Great Room Dimensions: 13x14
  • Unit 1 Primary BedRoom Dimensions: 14x12
  • Unit 1 Other Room 2 Dimensions: 11x9
  • Unit 1 Other Room 3 Dimensions: 7x8
  • Unit 1 Other Room Dimensions: 13x9
  • Unit 1 Other Room: Bedroom
  • Unit 1 Other Room 2: Bedroom
  • Unit 1 Other Room 3: Bedroom
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: No
  • Unit 2: 128 Down
  • U2 Parking: Street
  • Unit 2 Bedroom 2 Level: M
  • Unit 2 Bedroom 3 Level: M
  • Unit 2 Kitchen Level: M
  • Unit 2 Living/Great Rm Level: M
  • Unit 2 Primary BedRm Level: M
  • Unit 2 Bedroom 2 Dimensions: 11x11
  • Unit 2 Bedroom 3 Dimensions: 11x11
  • Unit 2 Kitchen Dimensions: 11x6
  • Unit 2 Living/Great Rm Dimensions: 16x11
  • Unit 2 Primary BedRm Dimensions: 13x17
  • U2 Number of Bedrooms: 4
  • U2 Full Baths: 2
  • U2 Half Baths: 0
  • U2 SqFt: 1295
Unit 3
  • Unit 3: Family/Rec rm,Eat-in kitchen,Den/office,Range/oven,Refrigerator
  • U3 Number of Bedrooms: 3
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 SqFt: 1295
  • U3 Landlord Pays Heat: No
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Water/Sewer: No
Unit 4
  • Unit 4: Family/Rec rm,Eat-in kitchen,Balcony/patio,Range/oven,Refrigerator,Shared basement
  • U4 Half Baths: 0
  • U4 Number of Bedrooms: 0
  • U4 Full Baths: 0
  • U4 Landlord Pays Heat: No
  • U4 Landlord Pays Electric: No
  • U4 Landlord Pays Water/Sewer: No
  • U4 SqFt: 1600

Property History for 128 East Johnson Street

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Contingent

SCWMLS #2019155

—
Mar 24, 2026

Listed (Active)

SCWMLS #2019155

$2,500,000—
DateEvent & SourcePrice
04/08/2026

Contingent

SCWMLS #2019155

—
03/24/2026

Listed (Active)

SCWMLS #2019155

$2,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 128 East Johnson Street

Taxable ValueLand$198,600Additions$359,300Total$557,900
Tax Record2024$9,793 ($816 / month)
Home Facts
Baths3Total Finished SqFt2,590 SqFtAbove Grade Finished SqFt2,590 SqFtStories2Lot Size6,996 SqFtStyleDuplexYear Built1864Year Renovated1958ZoningDR1CountyDANEAPN0709-144-0621-4

Schools near 128 East Johnson Street

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Lapham Elementary School
Public - PK to 2
O'keeffe Middle School
Public - 6 to 8
East High School
Public - 9 to 12
Metro School
Public - 4 to 12
Rating
School
Distance
Lapham Elementary School
PublicPK to 2

O'keeffe Middle School
Public6 to 8

East High School
Public9 to 12

Metro School
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Weber Inc; First Weber, Inc

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/08/2026 10:06 AM Listing presented by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. Compass · Tel: 212-913-9058 · New York, NY Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved